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Unaudited Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Class A common stock
Common Stock
Class B common stock
Common Stock
Class C common stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Non-controlling Interest
Total
Balance at Dec. 31, 2022 $ 476 $ 4 $ 0 $ 106,051 $ (179,732) $ 221,031 $ 99,856 $ 247,686
Balance (in shares) at Dec. 31, 2022 47,571 41,466 0          
Balance (in shares) at Dec. 31, 2022         (5,130)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation 3,345 3,013 6,358
Exercise of stock options $ 0 $ 0 $ 0 (25) $ 66 0 0 41
Exercise of stock options (in shares) 0 0 0   2      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options $ 0 $ 0 $ 0 (17) $ 0 0 17 0
Vesting of restricted stock units $ 0 $ 0 $ 0 (1,104) $ 1,300 0 (196) 0
Vesting of restricted stock units (in shares) 0 0 0   37      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 $ 0 $ 0 128 $ (466) 0 0 (338)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0 0 0   (13)      
Redemption of LLC common units for Class A common stock $ 20 $ 0 $ 0 9,673 $ 0 0 (4,739) 4,954
Redemption of LLC common units for Class A common stock (in shares) 2,000 (2,000) 0   0      
Distributions to holders of LLC common units $ 0 $ 0 $ 0 0 $ 0 0 (6,046) (6,046)
Dividends [1] 0 0 0 0 0 (27,791) 0 (27,791)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability 0 0 0 (4,014) 0 0 0 (4,014)
Non-controlling interest adjustment 0 0 0 (20) 0 0 20 0
Net income (loss) 0 0 0 0 0 3,169 1,734 4,903
Balance at Mar. 31, 2023 $ 496 $ 4 $ 0 114,017 $ (178,832) 196,409 93,659 225,753
Balance (in shares) at Mar. 31, 2023 49,571 39,466 0          
Balance (in shares) at Mar. 31, 2023         (5,104)      
Balance at Dec. 31, 2022 $ 476 $ 4 $ 0 106,051 $ (179,732) 221,031 99,856 247,686
Balance (in shares) at Dec. 31, 2022 47,571 41,466 0          
Balance (in shares) at Dec. 31, 2022         (5,130)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss)               69,626
Balance at Jun. 30, 2023 $ 496 $ 4 $ 0 115,844 $ (176,783) 197,293 121,389 $ 258,243
Balance (in shares) at Jun. 30, 2023 49,571 39,466 0          
Balance (in shares) at Jun. 30, 2023         (5,046)     5,046
Balance at Mar. 31, 2023 $ 496 $ 4 $ 0 114,017 $ (178,832) 196,409 93,659 $ 225,753
Balance (in shares) at Mar. 31, 2023 49,571 39,466 0          
Balance (in shares) at Mar. 31, 2023         (5,104)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation $ 0 $ 0 $ 0 3,418 $ 0 0 3,074 6,492
Exercise of stock options $ 0 $ 0 $ 0 (101) $ 266 0 0 165
Exercise of stock options (in shares) 0 0 0   8      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options $ 0 $ 0 $ 0 (70) $ 0 0 70 0
Vesting of restricted stock units $ 0 $ 0 $ 0 (1,965) $ 2,157 0 (192) 0
Vesting of restricted stock units (in shares) 0 0 0   62      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 $ 0 $ 0 87 $ (374) 0 0 (287)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0 0 0   (12)      
Distributions to holders of LLC common units $ 0 $ 0 $ 0 0 $ 0 0 (10,784) (10,784)
Dividends [1] 0 0 0 0 0 (27,819) 0 (27,819)
Non-controlling interest adjustment 0 0 0 458 0 0 (458) 0
Net income (loss) 0 0 0 0 0 28,703 36,020 64,723
Balance at Jun. 30, 2023 $ 496 $ 4 $ 0 115,844 $ (176,783) 197,293 121,389 $ 258,243
Balance (in shares) at Jun. 30, 2023 49,571 39,466 0          
Balance (in shares) at Jun. 30, 2023         (5,046)     5,046
Balance at Dec. 31, 2023 $ 496 $ 4 $ 0 98,280 $ (159,440) 185,244 89,623 $ 214,207
Balance (in shares) at Dec. 31, 2023 49,571 39,466 0          
Balance (in shares) at Dec. 31, 2023         (4,551)     4,551
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation $ 0 $ 0 $ 0 2,751 $ 0 0 2,446 $ 5,197
Exercise of stock options $ 0 $ 0 0 (30) $ 81 0 0 51
Exercise of stock options (in shares) 0 0     2      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options $ 0 $ 0 0 (22) $ 0 0 22 0
Vesting of restricted stock units $ 0 $ 0 $ 0 (2,234) $ 2,595 0 (361) 0
Vesting of restricted stock units (in shares) 0 0 0   74      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 $ 0 $ 0 209 $ (867) 0 0 (658)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0 0 0   (24)      
Distributions to holders of LLC common units $ 0 $ 0 $ 0 0 $ 0 0 (9,947) (9,947)
Dividends [2] 0 0 0 0 0 (5,634) 0 (5,634)
Non-controlling interest adjustment 0 0 0 (126) 0 0 126 0
Net income (loss) 0 0 0 0 0 (22,307) (28,499) (50,806)
Balance at Mar. 31, 2024 $ 496 $ 4 $ 0 98,828 $ (157,631) 157,303 53,410 152,410
Balance (in shares) at Mar. 31, 2024 49,571 39,466 0          
Balance (in shares) at Mar. 31, 2024         (4,499)      
Balance at Dec. 31, 2023 $ 496 $ 4 $ 0 98,280 $ (159,440) 185,244 89,623 $ 214,207
Balance (in shares) at Dec. 31, 2023 49,571 39,466 0          
Balance (in shares) at Dec. 31, 2023         (4,551)     4,551
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss)               $ (27,392)
Balance at Jun. 30, 2024 $ 496 $ 4 $ 0 100,076 $ (156,116) 161,434 60,743 $ 166,637
Balance (in shares) at Jun. 30, 2024 49,571 39,466 0          
Balance (in shares) at Jun. 30, 2024         (4,456)     4,456
Balance at Mar. 31, 2024 $ 496 $ 4 $ 0 98,828 $ (157,631) 157,303 53,410 $ 152,410
Balance (in shares) at Mar. 31, 2024 49,571 39,466 0          
Balance (in shares) at Mar. 31, 2024         (4,499)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation 2,858 2,539 5,397
Exercise of stock options (in shares)              
Vesting of restricted stock units $ 0 $ 0 $ 0 (1,599) $ 1,671 0 (72) 0
Vesting of restricted stock units (in shares) 0 0 0   48      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 $ 0 $ 0 60 $ (156) 0 0 (96)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0 0 0   (5)      
Distributions to holders of LLC common units $ 0 $ 0 $ 0 0 $ 0 0 (8,848) (8,848)
Dividends [2] 0 0 0 0 0 (5,640) 0 (5,640)
Non-controlling interest adjustment 0 0 0 (71) 0 0 71 0
Net income (loss) 0 0 0 0 0 9,771 13,643 23,414
Balance at Jun. 30, 2024 $ 496 $ 4 $ 0 $ 100,076 $ (156,116) $ 161,434 $ 60,743 $ 166,637
Balance (in shares) at Jun. 30, 2024 49,571 39,466 0          
Balance (in shares) at Jun. 30, 2024         (4,456)     4,456
[1] The Company declared dividends per share of Class A common stock of $0.625 for the three months ended March 31, 2023 and three months ended June 30, 2023, respectively.
[2] The Company declared dividends per share of Class A common stock of $0.125 for the three months ended March 31, 2024 and three months ended June 30, 2024, respectively.